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The UK commercial property market will face difficulties until 2012, according to the Royal Institute of Chartered Surveyors (Rics).Its report predicted commercial property will face a torrid time, although with ......
Small businesses with mortgages on commercial property will benefit from a full rate cut, the Royal Bank of Scotland and Lloyds TSB have said.Both agreed to pass on the Bank ......
Industry leaders in their offices in London have welcomed the Bank of England's one per cent base rate cut.By dropping the rate the Bank's Monetary Policy Committee hopes to stimulate ......
Insurer ING has decided not to sell its commercial property asset, 88 Wood Street, after failing to find a buyer.On the market for £240 million from April, a successful sale ......
The buyer of Development Securities' Oriental City in east London has failed to pay, despite three payment extensions, Property Week has reported.Now in discussion with the buyer, the investment and ......
HSBC is poised to buy back its London headquarters, sources close to talks told Bloomberg.The bank is hoping to purchase the Canary Wharf property after its loan to the building's ......
Global bank Citigroup has been thrown a $20 billion (£10 billion) lifeline by the US Treasury.After negotiations this weekend, the US government says it will guarantee more than $300 billion ......
New Star could be about to sell its prime commercial property asset.The fund manager has said it had not offered the building for sale but has received a bid for ......
UK commercial property markets are poised for a 2010 comeback, according to asset management company Schroders.The company is now interested in raising capital to invest in the market as it ......
An MP has called for tax on empty commercial property to be ended, but not on London offices.Nick Brown, the Labour party's chief whip has called for the north-east to ......